From Jack Cafferty:
“If ever there was a chance for a resounding victory, the Democrats certainly have it. Look anywhere… Americans are fed up. Fed up with war, illegal immigration, a lack of affordable health care, rising inflation, unemployment, etc. They can’t stand President Bush. The Republican nominee is a Bush clone – 26 years in the Senate, John McCain has voted with President Bush 95 percent of the time…”
Are you better of than you were eight years ago when Bush took office?
Cafferty on CNN had this to say:
Ronald Reagan had some success with this question a few years ago and things weren’t nearly as crummy then as they are now: Are you better off now than you were 4 years ago? But this time it’s been 8 years.
Think about it: unemployment is rising. The rate stands at 5.7% and we have lost 463,000 jobs since the first of the year.
And so is inflation. It’s accelerating at a faster rate than it has in 17 years.
Gas prices are up 34% in the last year. Oil was around $26 a barrel when President Bush was inaugurated… it touched $147 a few weeks ago.
More than 1 million homes are now in foreclosure.
Here are some national comparisons between today and where things were 8 years ago: Americans’ wages have actually gone down since the last recession ended.
And we are spending 14.1% of our disposable income on debt; that’s higher than it was in 2001.
Americans are pretty glum about the future, too. The Conference Board’s Consumer Confidence Index stood at almost 85% in 2001; now it’s just below 52%.
Also, a new CNN/Opinion Research Corporation Poll finds 75% of those surveyed think the economy is in bad shape; that’s compared to just 43% who felt that way a year ago.
So as the conventions get under way and the campaign for the White House heats up — voters have a lot to think about.